Distance from the record
This close sat 11.38% below the highest silver close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the silver price in 17 May 2006, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 1 May 2006
Silver closed at $13.16 per troy ounce on 17 May 2006, down $0.295 (2.19%) from the previous close of $13.45.
Silver lost 2.19% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 11.38% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.025, making this a +87.29% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $13.16 per troy ounce on 17 May 2006. That is $0.30 lower than the previous close of $13.45, a move of -2.19%.
The silver price fell on 17 May 2006, losing $0.30 (2.19%) against the previous session's close of $13.45.
At $13.16 per troy ounce, one gram of pure silver was worth about $0.42 on 17 May 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.5 on 17 May 2006, meaning one ounce of gold was worth roughly 52.5 ounces of silver.
A week before 17 May 2006, silver was around $14.19 per troy ounce, so the close of $13.16 is a loss of 7.3% over the week.
A year before 17 May 2006, silver was around $7.03 per troy ounce. The close of $13.16 therefore represents a rise of 87.3% over twelve months.
It closed 11.38% below the highest close on record up to that date, which was set on 2006-05-11.